210 17th Street, Bakersfield, CA 93301
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
210 17th Street,Bakersfield, CA 93301
$925,000
- - Beds
- - Baths
- 5,912 sq. ft.
- Multi-family
- Active
Listed by: ryan gonzalez, hernando rodriguez
Office: lyon stahl investment real est310-425-9838
MLS#:PW26170501
Source:CRMLS
Price summary
- Price:$925,000
- Price per sq. ft.:$156.46
About this home
We are pleased to present 210 17th Street, an 8-unit multifamily investment opportunity in Downtown Bakersfield. Built in 1935, the property pairs classic red-tile Spanish bungalows fronting 17th Street with a two-story rear building — vintage character product that no longer gets built.
The unit mix is a split of 5 one-bedroom / one-bath and 3 two-bedroom / one-bath units on a generous 11,325 SF lot, separately metered for gas and electricity. Offered at $925,000 — $115,625 per unit and $156 per SF — the asset trades at a fraction of replacement cost. In-place rents average $1,060 — the one-bedrooms as low as $600 — versus $1,095 and $1,195 at market. The property will be delivered with five vacant units, providing investors with an exceptional value-add opportunity to immediately renovate, lease at market rents, and accelerate NOI growth from day one.
Positioned in the 93301 zip code blocks from the Chester Avenue core, the Fox Theater, and Bakersfield High School, the property draws on the deep workforce renter base of California's 9th largest city. Current income delivers a 6.02% cap rate day one, underwriting to an 6.84% market cap as units roll — a +8% lift in gross scheduled income....
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Home facts
- Year built:1935
- Listing ID #:PW26170501
- Added:1 day(s) ago
- Updated:August 06, 2026 at 10:36 AM
Rooms and interior
- Living area:5,912 sq. ft.
Structure and exterior
- Year built:1935
- Building area:5,912 sq. ft.
- Lot area:0.26 Acres
- Lot Features:Back Yard, Front Yard, Garden
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$925,000
- Price per sq. ft.:$156.46
Parking
- Total parking spaces:7
- Garage:Yes
- Garage spaces:7
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